TATA TELESERVICES (MAHARASHTRA)
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The Current P/B Ratio of TATA TELESERVICES (MAHARASHTRA) is -0.68.
Share Price | ₹66.5 | Feb 14,2025 |
Market Cap | ₹13,005.9 Cr | |
Book Value | ₹-19,252.9 Cr | Mar2024 - Standalone Results |
Price/Book | -0.68x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TATA TELESERVICES (MAHARASHTRA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹13,005.9 Cr] as on Feb 14,2025
(/) Book Value [ ₹-19,252.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ -0.68x ]
Thus, for TATA TELESERVICES (MAHARASHTRA) , the investors are currently willing to pay '-0.68 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of TATA TELESERVICES (MAHARASHTRA) !
The chart below summarizes the trend in P/B Ratio of TATA TELESERVICES (MAHARASHTRA) over the last five years.
Historical PB (Price/Book ) ratio chart of TATA TELESERVICES (MAHARASHTRA)
PB Ratio Performance Analysis for TATA TELESERVICES (MAHARASHTRA)
- TATA TELESERVICES (MAHARASHTRA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.64x.
- TATA TELESERVICES (MAHARASHTRA) 's operated at median p/b ratio of -0.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA TELESERVICES (MAHARASHTRA) 's p/b ratio peaked in Mar2020 at -0.02x.
- TATA TELESERVICES (MAHARASHTRA) 's p/b ratio hit its five-year low in Mar2022 of -1.73x.
How does TATA TELESERVICES (MAHARASHTRA) 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TATA TELESERVICES (MAHARASHTRA) | -19,252.90 | -0.68 | 13,005.9 |
BHARTI AIRTEL LTD | 81,809.90 | 12.79 | 1,046,490.0 |
INDUS TOWERS LTD | 27,023.90 | 3.27 | 88,418.0 |
VODAFONE IDEA LTD | -104,169.00 | -0.56 | 58,613.7 |
TATA COMMUNICATIONS LTD | 1,781.79 | 24.03 | 42,822.7 |
RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 5.95 | 9,812.7 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.57 | 2,465.8 |
MAHANAGAR TELEPHONE NIGAM LTD | -23,644.10 | -0.12 | 2,952.2 |
RELIANCE COMMUNICATIONS LTD | -82,130.00 | -0.01 | 547.6 |
GTL LTD | -6,021.35 | -0.02 | 148.2 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs TATA TELESERVICES (MAHARASHTRA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.68x |
Max industry PB | 24.03x |
Median industry PB | 0.57x |
Average industry PB | 4.52x |
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